The show reflected a split diamond market: Demand for long fancies and large round stones was solid amid slow trading in bread-and-butter goods.
Trade members and consumers were overwhelmingly unimpressed with the latest ads.
Retailers are riding the waves that tariffs and geopolitical tensions have stirred up, with independent stores outpacing the big chains.
Rumored discounts reflect diamond market’s difficult situation.
Figure for all diamonds down 0.3% in first quarter.
Price stabilization at end of period gives way to a return to cautiousness amid fear of tariff impact.
Roy Safit, CEO of the Fancy Color Research Foundation, explains the allure of pinks, blues and yellows, and how the organization creates its price index.
The show reflected a split diamond market: Demand for long fancies and large round stones was solid amid slow trading in bread-and-butter goods.
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